one approach broadly endorsed by mitt romney calls for the lowering of individual rates across the board and the elimination and reduction of existing tax exemptions. on the other hand, some democrats have called for continuing the bush tax come content bush tax cuts. what a thing can actually grow the economy and reduce the deficit? >> what is good for the country, mr. powell, is that we need to -- we need to create jobs. that is how we get going again and that is how we get more tax revenues to the federal government to help manage down that debt. so we don't want to raise taxes, but we actually want to reform taxes. we want comprehensive reform and we want a corporate tax rate that is the least competitive in the industrialized world. they are looking to locate or relocate -- it is not always attractive. we need to make sure that we change that peculiarity in tax law which forces american-based, multinationals that mr. powell does not like, i think that we need to make sure they don't pay taxes twice if they are operating abroad. and he would suggest that perhaps that is giving them a